Wake Up Bulls, This Is Your Moment to Shine
12/22/2015 7:00 am EST
Though it doesn't seem like it right now, this is actually supposed to be one of the best times of the year for the bulls, so Ryan Mallory, of SharePlanner.com, shares a list of long set-ups he put together even though the market never seems to bounce.
What good are these bullish watch lists if the market never seems to bounce?
Low volume day Monday and the bulls seem reluctant to really run the tables on the shorts right now, instead, the early gains have given way to an early morning sell-off, followed by support at breakeven.
It doesn't seem like it right now, but this is actually supposed to be one of the best times of the year for the bulls…and the bears are sitting on enough shorts right now, that if the buying begins, the whole rally will then be fueled by the bears trying to cover shorts before letting them eventually bleed red in their portfolio.
So below I've put together a list of long set-ups…comprising of quite a few solar and biotech stocks as well as stocks from a few other industries.
By Ryan Mallory, Founder, SharePlanner.com